132. (1) The Minister may if he or she considers it appropriate to do so, as respects bursaries and scholarships for students for the purpose of assisting such students to pursue approved courses at approved institutions and if so requested by a person who established or is responsible for a bursary scheme or scholarship scheme, administer or, as may be appropriate, assist with the administration of—

(a) the identification of students who are eligible for such bursaries and scholarships,

(b) the awarding of such bursaries and scholarships to students, and

(c) the payment of such bursaries and scholarships to students,

in accordance with the terms of the bursary scheme or scholarship scheme, as the case may be, concerned.

(2) If and to the extent that the Minister considers it appropriate to do so, the functions of the Minister under subsection (1) may be performed by an awarding authority within the meaning of the Act of 2011.

(3) In this section—

(a) “approved course”, “approved institution”, “bursary scheme”, “scholarship scheme” and “student” have the respective meanings they have in the Act of 2011, and

(b) “bursary” and “scholarship” have the respective meanings they have in the Act of 2011, subject to the modification that the money in respect of a bursary or scholarship may be paid to a student by the Minister or an awarding authority within the meaning of that Act.